3-bed · 1,647 sqftGlitz Residence 1, Dubai Studio City · 3rd floor · completed 2017

309, Glitz Residence 1

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 850K7 February 2021
Current rentAED 122K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Glitz Residence 1

What is 309 worth today?

Last sold for AED 850,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 122,000/yr12 months · AED 74 per sqft
1 Mar 2025RentedRenewal
AED 122,000/yr12 months · AED 74 per sqft
1 Mar 2024RentedRenewal
AED 80,850/yr12 months · AED 49 per sqft
1 Mar 2023RentedRenewal
AED 77,000/yr12 months · AED 47 per sqft
1 Mar 2022RentedNew contract
AED 77,000/yr12 months · AED 47 per sqft
7 Feb 2021SoldReady
AED 850,000AED 515 per sqft
25 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
10 Aug 2015Sold by developerOff-plan
AED 1,479,479AED 898 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
3-bed apartment
Size
1,647 sqft
Floor
3rd of 8
Parking
B-149, B-36
Developer
Danube Properties Development
Completed
2017
Service charge
AED 27,900 /yr
Last sold
AED 850K · February 2021

About 309, Glitz Residence 1

309 is a three-bedroom apartment of 1,647 sqft on the 3rd floor of Glitz Residence 1, a 8-storey tower in Dubai Studio City completed in 2017 by Danube Properties Development. It last sold on 7 February 2021 for AED 850,000, or AED 515 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 122,000 a year: a gross yield of 14.3% on the 2021 price, before the service charge of about AED 27,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical three-bed in Glitz Residence 1
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,487,708; 2024 AED 1,225,000Sold by developer, August 2015: AED 1,479,479 (AED 898 per sqft)Sold, February 2021: AED 850,000 (AED 515 per sqft)

309 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 309, each contractTypical three-bed in Glitz Residence 1
75K100K125K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 68,500; 2021 AED 69,500; 2022 AED 75,000; 2023 AED 91,500; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 108,500New contract, February 2018: AED 95,000 a yearNew contract, March 2022: AED 77,000 a yearRenewal, March 2023: AED 77,000 a yearRenewal, March 2024: AED 80,850 a yearRenewal, March 2025: AED 122,000 a yearRenewal, March 2026: AED 122,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Glitz Residence 1, and where 309 sits

All 14 3-beds →

309's AED 122,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jul 20251,530,000
10 Jul 20241,225,000
20 Jun 20241,350,000
24 May 20241,170,000
0 3-bed sales in the last 12 months

Glitz Residence 1

Building

146 apartments, studios to 3-bed over 8 floors in Dubai Studio City, completed in 2017 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 990 Up 4.3%
Typical sale
AED 505K
Typical rent
AED 60K /yr
Typical yield
8.2%
Glitz Residence 1, Dubai Studio City: prices, sales and rents →

Other units on the 3rd floor

All 146 units in Glitz Residence 1
Value
3011-bedAED 475K · Feb 2023
302StudioAED 380K · Jul 2023
3032-bedAED 1.07M · Aug 2015
3042-bedAED 1.09M · Jun 2015
305StudioAED 508K · Apr 2015
3061-bedAED 500K · Jul 2023
3071-bedAED 801K · Aug 2015
1–7 of 17

309, Glitz Residence 1 in numbers

  • Sold twice: first on 10 August 2015 for AED 1,479,479, last on 7 February 2021 for AED 850,000 (AED 515 per sqft).
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 77,000 in 2023 and recovered to AED 122,000 by March 2026.
  • At AED 122,000 a year the gross yield on the 2021 price is 14.3%, before a service charge of about AED 27,900 a year (AED 16.96 per sqft).

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 309, Glitz Residence 1

What did unit 309 last sell for?

AED 850,000 on 7 February 2021: AED 515 per sqft for 1,647 sqft. The unit has 2 registered sales; the first was AED 1,479,479 in August 2015.

What is the rent for unit 309?

AED 122,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 122,000; the unit has been rented since February 2018.

How big is unit 309?

1,647 sqft (153.0 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2017.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 309? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 309, Glitz Residence 1

Starts from the last sale price (AED 850K, 7 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →